Toshiba Memory Corp. President Naruke and Bain Capital’s operations Head Sugimoto shake hands

October 14, 2017

Toshiba Memory Corp. President Yasuo Naruke (R) and Yuji Sugimoto, head of in Japan, pose as they shake hands in front of a buliding of the Toshiba Memory Yokkaichi plant during a press tour in Yokkaichi, Mie prefecture on Friday, October 13, 2017.

Toshiba said on Friday, October 13 it had formally signed a deal to sell its memory chip business to a group led by US investor Bain Capital for around 18 billion USD. Jiji Press